Lesson 1 Flashcards
Define a project
Creates a unique product, service or result.
Is time-limited
Drives change
Enables value creation for a business or organisation
What is a plan-based approach life-cycle?
Activities completed in distinct or linear fashion.
New phase only begins when the previous phase is completed.
What is change-based approach (Agile)?
Agile, incremental or iterative development
Timeboxed cadence (iterations / sprints) or continuous flow
Who authorises a project?
Project Sponsor
What does Portfolio Management do?
Aligns with business strategies
What does Programme Management do?
Controls components and interdependencies to realise benefit
What does Project Management do?
Enables achievement of organisational goals and objectives